CoinShares released a report applying equity-style analysis to Hyperliquid's native token, HYPE, forecasting three scenarios for its price by 2031. The base case predicts a price of about $147, implying a 25% annualized return, while a bear case suggests a drop to $8 and a bull case estimates a rise to $456. The report uses a price-to-fees multiple similar to stock price-to-earnings ratios and includes a 30% optionality premium to account for future growth factors like new product launches. Hyperliquid’s on-chain prediction markets feature, launched recently, is highlighted as a key growth driver. The CoinShares Altcoins ETF (DIME) holds Hyperliquid as its second-largest position, reflecting investor interest in the platform's potential.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
